All Politics is now Global

Tag Archives: Shariah Compliant Funds

Shariah Compliant Funds are among the fastest growing pools of wealth on the planet representing about $1 trillion, not including major Sovereign Wealth Funds that loosely conform to Shariah principles. Even Goldman Sachs has joined the party, offering a $2.2 billion Shariah Compliant bond issue announced last September. The problem is that Iran is the world’s leader in Shariah Compliant investing, representing more than one-third of all Shariah assets. This is a concern in light of the economic war underway between Iran and the West. The second concern is that Shariah funds require mandatory payments that can be problematic.